Economics
Aspen Technology partners with OMV Group to accelerate progress toward net zero targets
Aspen Technology, Inc. announced a newly expanded relationship with OMV Group to help accelerate the international integrated oil and gas company's energy transition initiatives and its path to achieving net zero targets.
OMV in talks with ADNOC on chemicals business merger
OMV is actively in negotiations with the state-owned Abu Dhabi National Oil Company about a possible merger of their chemicals business.
Nigeria's state oil firm launches new 'Nembe' grade of crude
Nigeria's state oil firm NNPC Ltd said it had launched a new grade of crude called Nembe, which is particularly suited to the European market.
Chevron Lummus Global commissions ISOTERRA unit at Chevron's El Segundo Refinery (U.S.)
Chevron Lummus Global LLC announced the completion and successful startup of an ISOTERRA unit as part of Chevron's renewable fuel conversion project at their El Segundo Refinery in Southern California.
Eni, Saipem join forces to develop new bio-refineries
Italian energy group Eni and energy services company Saipem have signed a deal to support the transformation of traditional refineries and the development of new Eni's bio-refineries.
First Emirates flights cleared for take-off with SAF from Dubai
The first Emirates flights operating with SAF provided by Shell Aviation have taken off from Dubai International Airport.
Iran's petrochemical ambition: aiming for 130 MMt annual production
Iran is aiming to create a formidable 130 MMt of annual petrochemical production capacity by the end of its 7th development plan.
Safir Petchem Project set to launch by the end of 2023
The Managing Director of the Persian Gulf Petrochemical Industries Company, Abdul Ali Ali Asgari, has announced that the "Safir Petrochemical Project" is on the verge of commencing its operations in the near future.
Headway Technology Group showcased their groundbreaking methanol fuel supply system
The Forum of Alternative Fuel and Propulsion Technology was organized by Headway Technology Group Co., Ltd. on 27th October, in Yantai, China where Headway Technology Group showcased their groundbreaking Methanol Fuel Supply System, which was in live operation
Aramco and ENOWA to develop first-of-its-kind e-fuel demonstration plant
Aramco and ENOWA have signed a joint development agreement to construct and establish a first-of-its-kind synthetic e-fuel demonstration plant.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
